gst collection

India let fiscal deficit widen for a second straight year as Narendra Modi, who’s seeking a second term in office in elections currently underway, tried to win over voters through cash handouts for farmers and tax cuts for the middle class.

As per the fourth edition of RBI’s Handbook of Statistics on Indian States, in 2017-18, the top six states in terms of tax revenues were Maharashtra, Uttar Pradesh, Tamil Nadu, Karnataka, Gujarat and Telangana. In 2018-19 too, these top six are expected to maintain their lead.

Around 71,000 of these are assessees who have not filed returns for the past six months. Despite this, the state has been second in the country in GST collection, the collection being Rs 5,272.38 crore in August.